DHT Holdings, Inc. (DHT) With $3.76 Price Forms Bearish Double Bottom Chart Pattern

April 17, 2018 - By Andrea Pope

With $3.65 PT DHT Holdings, Inc. (DHT) makes a double bottom. That’s 3.00 % below today’s $3.76 share price. The $535.49M company indicates high risk because of the 7 months chart setup. Finviz.com reported it on Apr, 17. If our $3.65 PT is hit DHT’s valuation can change by $16.06 million.

The stock increased 0.80% or $0.03 during the last trading session, reaching $3.76.DHT Holdings, Inc. has volume of 267,466 shares. Since April 17, 2017 DHT has declined 16.89% and is downtrending. DHT underperformed by 28.44% the S&P500.

Analysts await DHT Holdings, Inc. (NYSE:DHT) to report earnings on May, 14. They expect $-0.08 earnings per share, down 134.78 % or $0.31 from last year’s $0.23 per share. After $-0.05 actual earnings per share reported by DHT Holdings, Inc. for the previous quarter, Wall Street now forecasts 60.00 % negative EPS growth.

DHT Holdings, Inc. (NYSE:DHT) Ratings Coverage

In total 7 analysts cover DHT Holdings (NYSE:DHT). “Buy” rating has 6, “Sell” are 0, while 1 are “Hold”. 86% are bullish. With $6.0 highest and $5.25 lowest [Target] DHT Holdings has $5.81 average [Target] or 54.52% above the current ($3.76) price. 7 are the (NYSE:DHT)’s analyst reports since October 27, 2017 according to StockzIntelligence Inc. On Monday, February 5 the rating was maintained by Maxim Group with “Buy”. On Wednesday, February 7 the rating was maintained by Seaport Global with “Buy”. On Monday, February 12 the rating was upgraded by Morgan Stanley to “Overweight”. On Friday, October 27 Stifel Nicolaus maintained DHT Holdings, Inc. (NYSE:DHT) with “Hold” rating. On Monday, December 18 the company was initiated by Jefferies. On Friday, March 23 the rating was upgraded by JP Morgan to “Overweight”. On Friday, March 23 the firm has “Buy” rating given by J.P. Morgan.

DHT Holdings, Inc. (NYSE:DHT) Analyst Ratings Chart

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